2829 INDIAN CREEK DR 605, Miami Beach, FL 33140

Parcel: 0232260390460 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$85,227

Property Details

Baths
1
Living Sqft
490
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$65,000
1996-08-01
2
$245,000+277%
2025-12-05
CASIMIRO MARQUES &ALEJANDRO ALVAREZ
3
$245,000
2025-12-16

Tax Assessment History

$85,227
Assessed (2025)
$161,337
Market Value
$0
Taxable Value
2024
$82,826
$183,338
2025
$85,227
$161,337
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $85,227 $161,337 $0
2024 $82,826 $183,338 $0

About 2829 INDIAN CREEK DR 605, Miami Beach, FL 33140

2829 INDIAN CREEK DR 605, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1968 with 490 square feet of living space. The property is currently owned by ALEJANDRO ALVAREZ LISSETT ALVAREZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-16 for $245,000. There are 3 recorded sales for this property. The 2025 assessed value is $85,227 with a market value of $161,337.

The assessed value increased 3% from $82,826 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $47,837, and the median home value is $395,500. The population density is 15,176 people per square mile.

2829 INDIAN CREEK DR 605, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2025, with 3 recorded transactions in the public record.

The current assessed value represents 35% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $500 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALEJANDRO ALVAREZ LISSETT ALVAREZ
10500 SW 27 ST, MIAMI, FL, 33165
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$47,837
Median Home Value$395,500
Pop. Density15,176/sq mi

Neighborhood 33140

27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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